Treasury Market Braces for Barrage of Economic Data, Fed Speak

Bond investors come into this week with yields across the curve just off their year-to-date highs and braced for the impact from heavy Treasury and corporate issuance amid month-end positioning.

There’s also a heavy slate of economic data and Fed speakers, with the PCE data released on Thursday to be heavily scrutinized, as it contains the Federal Reserve’s favored inflation gauge. US central bank speakers are expected to lean into the narrative that has resonated of late, that the Fed doesn’t feel pressure to begin cutting rates anytime soon.